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Story summary
- SoftBank Group Corp. rose in Tokyo after political stability and solid performance from its telecommunications subsidiary.
- The ruling coalition's two-thirds majority, led by Prime Minister Sanae Takaichi, raised expectations for fiscal stimulus.
- SoftBank Corp. posted record third-quarter results with an 8% revenue increase and an 11% rise in net profit.
- SoftBank Corp. raised its annual forecast and emphasizes artificial intelligence, including a $23 billion investment in OpenAI.
